MT 506 Field Specifications

68. Field 98A: Date: Expiry Date

FORMAT

Option A :4!c//8!n (Qualifier) (Date)

PRESENCE

Optional in a conditional (C4) subsequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O EXPI N   A Expiry Date

DEFINITION

This qualified generic field specifies:

EXPI Expiry Date Date/time on which an order expires or on which a privilege or offer terminates.
EXPI Expiry Date The date after which the securities are no longer valid as collateral.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).